Crouching Tiger, Hidden Dragon II -The Green Destiny will be directed by Yuen Woo-Ping (Forbidden Kingdom), who was the fight choreographer on the first movie. Life of Pi's Oscar-winning director Ang Lee directed the first installment of the Wang Du Lu adaptation.

"I loved Ang Lee's film," Harvey Weinstein said. "I thought it was a master class in directing, but I know we are in fantastic hands with Yuen Wo Ping directing the second installment."

Michelle Yeoh will reprise her role as Yu Shu Lien, with Donnie Yen (Blade II) also starring as Silent Wolf.

The screenplay has been written by Spirit and Forbidden Kingdom's John Fusco. Weinstein and David Thwaites will serve as producers on the film, alongside co-producer Johnny Levin.

A release date for Crouching Tiger Hidden Dragon II -The Green Destiny has yet to be announced, but a press conference is tipped to take place on Saturday (May 18) at the Cannes Film Festival.